Param and Raman were partners in a firm sharing profits in the ratio of ` 3 : 2 ` . Their partnership firm was dissolved on 1st April 2019 . Param was deputed to realise the assets and to pay the liabilities . He was paid ₹ 10 , 000 as remuneration for his services. Balance Sheet of the firm on 31st March , 2019 was as follows :

Following was agreed upon :
(i) Param agreed to pay his wife's loan.
(ii) Debtors realised by ₹ 24, 000.
(iii) Raman took all investments at ₹ 27,000 .
(iv) Building realised ₹ 1,52, 000.
(v) Creditors were payable after 20 months . They were paid immediately at a discount of 15% p.a.
(vi) Bills Receivable were settled at a loss of ₹ 1,400 .
(vii) Realisation expenses amounted to ₹ 2,500.
Prepare Realisation Account , Partners' Capital Accounts and Cash Account to close the books of the firm .

Explanation